FTAI Aviation (NYSE:FTAI) Earns “Hold” Rating from Stifel Nicolaus

FTAI Aviation (NYSE:FTAI)‘s stock had its “hold” rating reaffirmed by stock analysts at Stifel Nicolaus in a report released on Monday, MarketBeat Ratings reports. They presently have a $123.00 price objective on the financial services provider’s stock, up from their previous price objective of $100.00. Stifel Nicolaus’ target price would suggest a potential downside of 4.44% from the company’s previous close.

FTAI has been the topic of a number of other reports. Barclays boosted their price objective on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, December 4th. Compass Point boosted their price target on shares of FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a report on Friday. Wolfe Research raised FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research report on Friday, January 10th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $160.00 target price on shares of FTAI Aviation in a research report on Wednesday, January 22nd. Two research analysts have rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, FTAI Aviation currently has an average rating of “Moderate Buy” and a consensus target price of $173.67.

FTAI Aviation Stock Performance

FTAI opened at $128.71 on Monday. The stock has a market capitalization of $13.20 billion, a PE ratio of -1,286.97 and a beta of 2.05. The stock’s 50 day moving average price is $125.10 and its 200-day moving average price is $134.53. FTAI Aviation has a 52-week low of $54.84 and a 52-week high of $181.64.

Hedge Funds Weigh In On FTAI Aviation

Several large investors have recently modified their holdings of the stock. Capital International Investors increased its stake in FTAI Aviation by 39.7% during the 4th quarter. Capital International Investors now owns 10,677,171 shares of the financial services provider’s stock valued at $1,537,940,000 after purchasing an additional 3,034,838 shares in the last quarter. Norges Bank purchased a new stake in shares of FTAI Aviation during the fourth quarter valued at approximately $183,688,000. William Blair Investment Management LLC bought a new stake in shares of FTAI Aviation during the fourth quarter valued at approximately $174,372,000. Westfield Capital Management Co. LP increased its position in shares of FTAI Aviation by 87.1% during the third quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider’s stock valued at $220,618,000 after acquiring an additional 773,017 shares in the last quarter. Finally, Shellback Capital LP purchased a new position in FTAI Aviation in the 4th quarter worth approximately $76,510,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.